International Consolidated Airlines Group (OTCMKTS:ICAGY) Upgraded at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of International Consolidated Airlines Group (OTCMKTS:ICAGY) from a hold rating to a buy rating in a research report report published on Wednesday, Marketbeat Ratings reports.

International Consolidated Airlines Group Price Performance

Shares of OTCMKTS:ICAGY opened at $7.45 on Wednesday. The business’s fifty day moving average price is $5.96 and its two-hundred day moving average price is $5.03. The stock has a market cap of $18.18 billion, a PE ratio of 2.43, a price-to-earnings-growth ratio of 0.72 and a beta of 2.23. The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.67 and a current ratio of 0.70. International Consolidated Airlines Group has a one year low of $3.51 and a one year high of $7.56.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last issued its quarterly earnings results on Friday, November 8th. The transportation company reported $1.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $1.05. International Consolidated Airlines Group had a return on equity of 138.31% and a net margin of 9.12%. The company had revenue of $10.25 billion for the quarter, compared to analyst estimates of $10.21 billion. On average, analysts forecast that International Consolidated Airlines Group will post 1.06 EPS for the current fiscal year.

About International Consolidated Airlines Group

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.